Has Xi really changed his mind on housing and consumption?

A few recent policy initiatives suggest that China is changing its economic priorities. To halt an unprecedented property downturn, Beijing is asking local governments to buy unsold homes with cheap

Friday, May 24, 2024 – edition no. 4489

— Flyover connecting Zones A-B will cost up to MOP2.4 billion and take three years to complete * Gaming | Casinos file surge in suspicious activity reports * Taste of Edesia * Parking

FIA promotes major Grand Prix revamp

The Fédération Internationale de l’Automobile (FIA) has announced it will again promote a major revamp to its World Cup for single seaters this year. According to

Property market bounces back strongly after cooling measures lifted: Centaline

The property market in Macau has seen a sharp turnaround in recent weeks after the government lifted all its cooling measures that were imposed to

Tourists account for 40% of gaming counseling

Sheng Kung Hui’s 24-hour gambling counseling hotline and online counseling has recorded 1,007 cases of distress, a year-on-year increase of 4%, of which tourists accounted

April visitor arrivals back to 75.8% of pre-pandemic level

The city saw a 14.4% year-on-year increase in visitor arrivals, to 2,600,717, in April 2024, recovering to 75.8% of the figure in the same month

Gov’t urges citizens to get vaccinated for influenza

Influenza A infections surged from December 2023 to January 2024 before declining in February and then rising again in late March, according to Leong Iek

Man charged with helping the Hong Kong intelligence service in the UK found dead

A man charged with assisting Hong Kong authorities with gathering intelligence in the United Kingdom has died in unexplained circumstances, British police said yesterday . Matthew Trickett,

China volleyball team arrives week earlier

The Chinese team for the Women’s Volleyball Nations League 2024 has arrived in Macau a week earlier as the rest of the teams are abroad competing. The remaining

Professional tax refund this Friday

The Financial Services Bureau (DSF) has announced that the refund of professional tax for 2022 will commence from the upcoming Friday. A total of 158,000 taxpayers are set

Airport revenues surge 180%

Macau International Airport reported a revenue of MOP1.193 million last year, as cited in its financial report published in the Official Gazette. Albeit from a low base due

IPIM sets up Macau-Hengqin Pavilion at the IMEX Frankfurt

The Macao Trade and Investment Promotion Institute (IPIM) set up the “Macao-Hengqin Pavilion” at the “IMEX Frankfurt 2024”, which was held in Germany from May 14 to 16.

Bus driver summoned for using phone while driving

A 30-year-old local bus driver has been charged with violating the Road Traffic Act after using his mobile phone whilst driving on the Friendship Bridge. A video that

Mainland man arrested for HKD1M fraud

A 36-year-old mainland man is suspected of defrauding a mainland woman of MOP1.03 million, using the pretext that he needed cash urgently. The case shows the victim came

SJM expands culinary footprint with strategic acquisitions

Macau casino operator SJM Holdings has announced two separate agreements to acquire subsidiaries of its parent company, Sociedade de Turismo e Diversões de Macau SA (STDM),

Car from first-ever edition of Macau GP for sale

Nicknamed “Betsy”, the 1953 Morgan +4, with the Hong Kong license registration XX2795, is on sale, the car owner – or how he prefers to be

Sands China fosters growth of local SMEs

Small and medium enterprises are integral parts of Macao’s growth. Since establishing its roots in Macao 20 years ago, Sands China has

Authorities release vlogger who filmed Wuhan lockdown

Zhang Zhan was released from prison after serving four years for charges related to reporting on the COVID-19 outbreak in Wuhan, China, according to a video

Top security official To Lam confirmed as president

Vietnam’s top security official To Lam was confirmed yesterday as the nation’s new president. He oversaw police and intelligence operations over a period when rights groups say

Violent unrest in French Pacific territory impacting global nickel prices

Global nickel prices have soared since deadly violence erupted in the French Pacific territory of New Caledonia last week. The overseas territory, which has been under

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